Академический Документы
Профессиональный Документы
Культура Документы
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Advantages:
The size of the package can mean more benefits because
participants can seek and secure advantages across a wide range
of issues.
In a package, the ability to trade-off different issues can make
agreement easier to reach because somewhere in the package
there is something for everyone.
Developing countries and other less powerful participants have
a greater chance of influencing the multilateral system in a trade
round than in bilateral relationships with major trading nations.
Disadvantages
The simultaneous negotiation in different areas necessarily
includes issues that certain negotiator countries are reluctant to
address. These issues serve actually as conditions for the process
of other issues beneficial to those countries. This situation can
put the developing countries at a disadvantage. The developing
ones are anxious to improve their economies through
international trade. However, the prerequisites in human rights
and environment protection often make it difficult for them to
address the most urgent issues in economic growth.
A brief history of past trade rounds
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LESSON 17:
VARIOUS ROUND OF WTO
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Singapore issues
Investment
Competition
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